The First American Corporation Celebrates 120-Year Anniversary as it Prepares for Split...
T-Mobile and Sierra Wireless sign MOU for joint M2M offerings
BONN, Germany and VANCOUVER, Sept. 1 /PRNewswire-FirstCall/ -- T-Mobile and Sierra Wireless today announced the signature of a Memorandum of Understanding ("MOU") that is expected to lead to a joint solution offerings for the Machine-to-Machine (M2M) communications market.
The companies share the view that along the M2M value chain, alliances between key players will prove necessary in order to satisfy customer needs. Both companies also see the need for simplified and predefined M2M solution offerings in order to accelerate customer adoption. The objective of signing the MOU is to create a framework for the joint development of such predefined solutions for the M2M market.
The areas of co-operation identified by the MOU are product development, marketing, sales and deployment of M2M solutions and related services. The objectives of the co-operation include
- to develop a shared M2M market sub-segmentation
- to identify target customers, with particular focus on the
automotive, fleet, navigation, utility and security markets
- to develop a joint M2M solution offering
- to assess the possibility to ship Sierra Wireless products with pre-
loaded T-Mobile subscriptions
The co-operation targets the European market, with initial focus on Germany.
Rainer Deutschmann, Senior Vice President of Mobile Products at Deutsche Telekom, said: "We are delighted to cooperate with the innovation leader in the embedded modules area. Our joint efforts are intended to bring optimized, out-of-the-box solutions to our M2M customers, and we trust that the results of our co-operation will be appreciated by the M2M market."
Dan Schieler, Senior Vice President of Worldwide Sales at Sierra Wireless, added: "We believe that there is a huge potential for many M2M customers to save great amounts of time and money. Teaming up with one of the leading network operators represents a further step ahead in Sierra Wireless' strategy, aimed at providing M2M customers with complete solutions which help them grow their business."
About Deutsche Telekom
Deutsche Telekom is one of the leading integrated telecommunications companies worldwide with groupwide more than 148 million mobile customers, around 40 million fixed-network lines and almost 17 million broadband lines (as at: March 31, 2009). With its product brands T-Home (fixed-network telephony, broadband Internet), T-Mobile (mobile communication) and T-Systems (ICT solutions) Deutsche Telekom is positioned as international provider of connected life and work services. The group is present in around 50 countries throughout the world with around 261,000 employees (as at: March 31, 2009). In 2008 Deutsche Telekom generated revenues of EUR 61.6 billion. Further information is available at http://www.telekom.com/.
About Sierra Wireless
Sierra Wireless products connect people and machines to wireless networks around the world. We offer an advanced, comprehensive product line, addressing consumer, enterprise, original equipment manufacturer, and specialized vertical industry markets. We also offer a wide range of professional and operated services. Our solutions are used for mobile computing, transportation, industrial M2M (machine-to-machine), enterprise, residential and consumer communications applications. For more information about Sierra Wireless, visit http://www.sierrawireless.com/ or http://www.wavecom.com/.
Sierra Wireless Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
Sierra Wireless, Inc.
CONTACT: Mette Hautemani re, Sierra Wireless, Paris, France, Phone: +33
1 46 29 94 17, Email: mhautemaniere@sierrawireless.com; Deutsche Telekom AG,
Corporate Communications, Phone : +49 228 181 4949, Email: presse@telekom.de
Verizon Business Expands Cloud Computing Capabilities in EuropeIn-Region Data Center Helps European Companies Meet Stringent Security, Performance and Regulatory Requirements
AMSTERDAM, Sept. 1 /PRNewswire/ -- Verizon Business has extended availability of its comprehensive on-demand, "cloud-based" Computing as a Service (CaaS) solution to the company's Amsterdam data center. The announcement reinforces the company's strategy of expanding cloud-computing deployment resources around the globe to meet the stringent security, performance regulatory requirements of business customers.
In June, Verizon Business announced its CaaS offering with the provisioning of the service in its U.S. data center based in Beltsville, Md. Additional CaaS locations are planned in the Asia-Pacific region in 2010.
(Note: See related news release on Verizon CaaS customer Modevity.)
The service, which leverages Verizon's world-class global IP infrastructure and data centers, enables mid-market and larger companies to use a Web-based portal to employ computing resources in the quantities and duration dictated by the companies' business needs. As a result, businesses pay only for the resources used and avoid having to build out for peak capacity requirements by buying new equipment and adding staff.
The Amsterdam location particularly benefits companies doing business in Europe and elsewhere that need to operate under a "safe harbor" privacy framework that calls for a European-hosted location, or want to use facilities located closer to their European locations.
Proactive Management of Security; Rigorous SLAs
The Amsterdam data center is part of Verizon Business' secure global infrastructure, which the company's network and security professionals proactively manage under a program developed by the Verizon Cybertrust Security team. Verizon's data centers are also audited for physical security.
Additionally, Verizon Business has built strong security features into its CaaS offering. These include secure connections to customer-provisioned resources, as well as a multi-tiered network with a virtual firewall, and an audit trail for all changes.
Customers can also opt for a third tier of optional, add-on security services including identity and access management, host intrusion detection, application vulnerability assessment, network application assessment, and professional security services.
Verizon CaaS is supported by rigorous service-level agreements to ensure enterprise-class performance and rapid server provisioning.
"With the activation of our Amsterdam facility, our customers can take advantage of a new era in cloud computing, using the location that makes the most sense for their business," said Stuart Curzon, group vice president for international sales, Verizon Business EMEA. "Verizon Business offers what we believe is an unsurpassed degree of security, coupled with guaranteed performance and all the efficiencies that come with on-demand IT."
Ideal for Shifting IT Resources Quickly and Efficiently
Verizon CaaS is ideal for new development projects, major events, mergers and migrations because it enables organizations to easily and quickly shift IT resources as required. It is also well-suited for businesses with seasonal demands, such as retailers or sales promotions, that drive incremental traffic to Web sites.
Verizon Business worked with a broad range of leading technology providers -- including HP, VMware and Red Hat -- to deliver its next-generation computing solution. This advanced architecture lets customers provision both physical and virtual server environments to best accommodate the type of application being deployed -- a key differentiator of the service. For example, a business may want to use a virtual environment for staging and development. For business-critical applications, such as database servers, businesses may choose a physical server infrastructure that lets them customize servers as well as select from a range of server configurations.
CaaS Part of Extensive Verizon IT and Hosting Solutions
Verizon CaaS is part of Verizon Business' extensive portfolio of IT and hosting solutions aimed at helping customers improve their IT infrastructure and boost application performance in today's complex, dynamic business environment. Supported by a global team of professional services experts that deliver a broad range of world-class capabilities and backed by a secure and reliable technology infrastructure, these solutions allow customers to meet their most pressing IT needs. More information is available at http://www.verizonbusiness.com/us/itsolutions.
(NOTE: Verizon Business will be exhibiting at VMWorld at the Moscone Center in San Francisco, Calif., from Aug. 31-Sept. 3 in Booth #2522, where executives will discuss the company's expanded Computing as a Service capabilities.)
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions -rely on our professional and managed services and network technologies to accelerate their business. Find out more at http://www.verizonbusiness.com/
Verizon Business
CONTACT: Clare Ward, +44-(0)-118-905-3501,
clare.ward@verizonbusiness.com; or Janet Brumfield, +1-614-723-1060,
janet.brumfield@verizon.com
Web Site: http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
2009 China Sourcing Fairs in Mumbai expand 100% to more than 700 booths: Largest China-products exhibition in India
Product categories expand to include Greater China manufacturers of
electronics, hardware and building materials, and auto parts and accessories
MUMBAI, India, Sept. 1 /PRNewswire-Asia-FirstCall/ -- More than 700 booths have been contracted to exhibit at the 2nd annual China Sourcing Fairs ( http://www.chinasourcingfair.com/ ) in Mumbai, expanding the events' size 100% compared to last year. Exhibitors will come from mainland China, Hong Kong and Taiwan, making the shows the largest of their kind ever to be held in India. The Fairs, to be held November 20-22, are managed by Pico Event Management, under license from Global Sources .
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
Expanded product categories
Returning this year are the co-located events China Sourcing Fair: Electronics & Components and the China Sourcing Fair: Hardware & Building Materials. New to the 2009 line up is the addition of the China Sourcing Fair: Auto Parts & Accessories.
"After last year's inaugural event, it was clear that demand for Greater China-made products is extremely strong in India," said Global Sources Exhibitions General Manager, Tommy Wong. "The expansion of India's construction industry has increased the need for quality hardware and building materials, while a growing middle class and increased discretionary spending have driven demand for consumer electronics and automotive products."
Strong mainland China government support
Based on the success of last year's China Sourcing Fairs in India, the 2009 events have attracted strong support from key government and private organizations throughout mainland China. China is India's largest trading partner. India also imports the largest percentage of its consumer electronics from China.
"The 2009 China Sourcing Fair: Electronics & Components in Mumbai is one of the top 10 important overseas trade shows approved by Guangdong Province," said Jiang Guanxiong, Vice President of CCPIT-ECC at a recent seminar in Shunde, China. "Mid-sized and small-scale companies in Guangdong that want to explore the India market by participating in the Mumbai China Sourcing Fair are eligible to receive a Guangdong Special Event subsidy," Jiang added.
Interest in the Indian market is not limited to electronics. "There are broad prospects for the Indian market. The show is a good opportunity for our fastener manufacturers to explore emerging markets like India," said Chen Guanda, General Manager of Haiyan Fastener Association.
"India has a huge population and is a strong potential market for Chinese companies," said Mao Wanqing, Chairman of CCPIT Taizhou. "India has maintained high economic growth during the financial crisis. Since the financial crisis, all of the small and medium enterprises in China are looking for emerging markets. India is a very good opportunity for our Chinese manufacturers."
Supporting organizations include:
1. CCPIT-Taizhou
2. Ningbo Orient International Exhibition Co., Ltd.
3. Rui'an International Chamber of Commerce of China
4. Yongkang Foreign Economic & Trade Service Center
5. Haiyan Fastener Association / Zhejiang Fastener Association
6. Pinghu Bathroom & Sanitary Industry Association
7. Liaoning Provincial Bureau of Foreign Trade and Economic Cooperation
8. Harbin Municipal Bureau of Commerce
9. CCPIT - Changchun
10. CCPIT - Wuhan
The China Sourcing Fairs in Mumbai serve importers and volume buyers in India and surrounding markets who seek high quality products from competitive Greater China suppliers. More than 13,600 buyers attended last year's event.
More details about the China Sourcing Fairs in Mumbai are available at http://www.chinasourcingfair.com/india .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 829,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.3 million products and more than 196,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 29 times a year across 10 cities.
Suppliers receive more than 81 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com/ ) alone.
Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has over 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.
Global Sources Press Contact in Asia
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.
Kirsten Chapman & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: tdien@lhai.com
Photo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b
PR Newswire Photo Desk, photodesk@prnewswire.com
Global Sources
CONTACT: Press contact in Asia: Camellia So, +852-2555-5021,
cso@globalsources.com; Press contact in U.S.: James W.W. Strachan of Global
Sources, +1-480-664-8309, strachan@globalsources.com; Investor contact in
Asia: IR Department of Global Sources, +852-2555-4777,
investor@globalsources.com; Investor Contact in U.S.: Kirsten Chapman &
Timothy Dien of Lippert-Heilshorn & Associates, Inc., +1-415-433-3777,
tdien@lhai.com, for Global Sources
Web site: http://www.chinasourcingfair.com/india
http://www.chinasourcingfair.com/
http://www.globalsources.com/
Frost & Sullivan Confers Supply Chain Management Product Quality Leadership of the Year Award on SAP AG
LONDON, September 1 /PRNewswire/ --
The 2009 Frost & Sullivan Global Supply Chain Management (SCM) Product
Quality Leadership of the Year Award is presented to SAP AG, the market
leader in the SCM market, for its commitment to superior product quality and
for being a one-stop solution for the supply chain requirements of all types
of businesses. The company's unique ability to address and fulfill customer
requirements has resulted in a high degree of customer satisfaction and
supported the increase of its SCM customer base by 8 percent from 2007 to
2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
More than 15,000 customers across all market segments rely on the SAP(R)
Supply Chain Management (SAP SCM) application, including automotive,
aerospace and defense, chemicals, consumer products, hi-tech,
telecommunications, logistics, and oil and gas. SAP SCM is part of SAP(R)
Business Suite software, which gives organizations the unique ability to
perform essential business processes with modular software that is designed
to work with other SAP and non-SAP software. Organizations and departments in
all sectors can deploy SAP Business Suite to address specific business
challenges at any time and without costly upgrades.
"With companies increasingly focusing on making their supply chain lean,
SAP AG is found to reduce the inventory levels effectively by 10.0 to 70.0
percent," notes Frost & Sullivan Research Analyst Archana Rajagopalan. "With
a 30 percent increase in the forecasting accuracy observed by customers, SAP
SCM is found to offer return on investment (ROI) within six months of its
implementation even as SAP SCM implementation has been observed to enable 99
percent inventory accuracy."
Some of the benefits offered by SAP include the better responsiveness to
changes in supply and demand. SAP SCM enables customers to sense and respond
to potential risks, and capitalize on any new opportunities in a short
duration.
The company's solutions also result in enhanced customer satisfaction. By
offering a common information framework supporting communication and
collaboration, SAP SCM helps in building a responsive supply network that is
adaptive to ever changing customer demands. In addition to having made the
supply chain demand-driven, the software product also helps in monitoring
supply chain compliance in areas such as environment, health and safety.
"SAP enables improved cash flow for its clients since lower inventory
levels directly translate to reduced overall logistics cost," states
Rajagopalan. "Its solutions also support higher margins for clients."
Moreover, SAP SCM helps in maintaining strong connections and
collaboration with trading partners to ensure that a company's supply network
is aligned with its current business strategies and priorities, improving the
overall performance and facilitating the achievement of goals.
Exceptional software maintenance and support has been another hallmark of
the company; the SAP(R) Active Global Support (SAP AGS) organization helps
its customers in gaining skills and resources to optimize solution
performance and business processes," remarks Rajagopalan. "SAP AGS offers a
range of services to help its customers in becoming a best-run business."
Among these services are end-to-end solution operations. This involves
providing an overall blueprint to optimize the operations of SAP solutions
and ensuring the availability of mission-critical business processes by
managing performance and volume. This also improves data transparency and
consistency across the entire business.
Other outstanding services include SAP(R) Enterprise Support services,
SAP(R) MaxAttention(TM) support, SAP(R) Safeguarding services, the SAP(R)
Solution Manager application management solution and SAP(R) Test Data
Migration Server software.
"SAP is honored to receive this award, and believes that it is a
testament to our long history in the supply chain space and our continued
effort to deliver innovation to our customers ever evolving supply networks,"
says Lori Mitchell-Keller, Senior Vice President, Suite Solution Management
at SAP. "As a core application solution of SAP Business Suite, we believe
that SAP SCM enables companies with fluctuating demand or high product
complexity to sense and respond faster and smarter to demand and supply
dynamics across a diverse global network".
The Frost & Sullivan Award for Product Quality Leadership of the Year is
bestowed upon the company that has demonstrated superior quality control over
its competitors in product manufacturing. Quality control is an essential
element of satisfying customers, increasing repeat buying behavior, and
assuring long-term market survival.
Frost & Sullivan Best Practices Awards recognise companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.
About SAP(R) Business Suite
SAP(R) Business Suite software enables enterprises to execute and
optimize their business and IT strategies. SAP Business Suite gives
organizations the unique ability to perform their essential industry-specific
and business support processes with modular software that is designed to work
with other SAP and non-SAP software. Organizations and departments in all
industries can deploy SAP Business Suite software in a step-wise manner to
address specific business challenges on their own timelines and without
costly upgrades. SAP Business Suite provides better insight and visibility
across organizations, improves operational efficiency and effectiveness, and
increases the flexibility to address business change.
About SAP
SAP is the world's leading provider of business software(*), offering
applications and services that enable companies of all sizes and in more than
25 industries to become best-run businesses. With more than 89,000 customers
in over 120 countries, the company is listed on several exchanges, including
the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more
information, visit.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best in class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
drive the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from more than 35 offices on six continents. To join our Growth
Partnership, please visit http://www.frost.com.
Contact:
Ciara Jamie Connolly, Senior Events & Promotions Executive/ EMEA, Best
Practices, Frost & Sullivan, ciara.connolly@frost.com | P:
+44-(0)-207-915-7868 | F: +44-(0)-207-730-3343 | www.frost.com
Frost & Sullivan
Ciara Jamie Connolly, Senior Events & Promotions Executive/ EMEA, Best Practices of Frost & Sullivan, +44-(0)-207-915-7868, fax, +44-(0)-207-730-3343, ciara.connolly@frost.com; Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
Frost & Sullivan Confers Supply Chain Management Product Quality Leadership of the Year Award on SAP AG
LONDON, Sept. 1 /PRNewswire/ -- The 2009 Frost & Sullivan Global Supply Chain Management (SCM) Product Quality Leadership of the Year Award is presented to SAP AG, the market leader in the SCM market, for its commitment to superior product quality and for being a one-stop solution for the supply chain requirements of all types of businesses. The company's unique ability to address and fulfill customer requirements has resulted in a high degree of customer satisfaction and supported the increase of its SCM customer base by 8 percent from 2007 to 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
More than 15,000 customers across all market segments rely on the SAP Supply Chain Management (SAP SCM) application, including automotive, aerospace and defense, chemicals, consumer products, hi-tech, telecommunications, logistics, and oil and gas. SAP SCM is part of SAP Business Suite software, which gives organizations the unique ability to perform essential business processes with modular software that is designed to work with other SAP and non-SAP software. Organizations and departments in all sectors can deploy SAP Business Suite to address specific business challenges at any time and without costly upgrades.
"With companies increasingly focusing on making their supply chain lean, SAP AG is found to reduce the inventory levels effectively by 10.0 to 70.0 percent," notes Frost & Sullivan Research Analyst Archana Rajagopalan. "With a 30 percent increase in the forecasting accuracy observed by customers, SAP SCM is found to offer return on investment (ROI) within six months of its implementation even as SAP SCM implementation has been observed to enable 99 percent inventory accuracy."
Some of the benefits offered by SAP include the better responsiveness to changes in supply and demand. SAP SCM enables customers to sense and respond to potential risks, and capitalize on any new opportunities in a short duration.
The company's solutions also result in enhanced customer satisfaction. By offering a common information framework supporting communication and collaboration, SAP SCM helps in building a responsive supply network that is adaptive to ever changing customer demands. In addition to having made the supply chain demand-driven, the software product also helps in monitoring supply chain compliance in areas such as environment, health and safety.
"SAP enables improved cash flow for its clients since lower inventory levels directly translate to reduced overall logistics cost," states Rajagopalan. "Its solutions also support higher margins for clients."
Moreover, SAP SCM helps in maintaining strong connections and collaboration with trading partners to ensure that a company's supply network is aligned with its current business strategies and priorities, improving the overall performance and facilitating the achievement of goals.
Exceptional software maintenance and support has been another hallmark of the company; the SAP Active Global Support (SAP AGS) organization helps its customers in gaining skills and resources to optimize solution performance and business processes," remarks Rajagopalan. "SAP AGS offers a range of services to help its customers in becoming a best-run business."
Among these services are end-to-end solution operations. This involves providing an overall blueprint to optimize the operations of SAP solutions and ensuring the availability of mission-critical business processes by managing performance and volume. This also improves data transparency and consistency across the entire business.
Other outstanding services include SAP Enterprise Support services, SAP MaxAttention(TM) support, SAP Safeguarding services, the SAP Solution Manager application management solution and SAP Test Data Migration Server software.
"SAP is honored to receive this award, and believes that it is a testament to our long history in the supply chain space and our continued effort to deliver innovation to our customers ever evolving supply networks," says Lori Mitchell-Keller, Senior Vice President, Suite Solution Management at SAP. "As a core application solution of SAP Business Suite, we believe that SAP SCM enables companies with fluctuating demand or high product complexity to sense and respond faster and smarter to demand and supply dynamics across a diverse global network".
The Frost & Sullivan Award for Product Quality Leadership of the Year is bestowed upon the company that has demonstrated superior quality control over its competitors in product manufacturing. Quality control is an essential element of satisfying customers, increasing repeat buying behavior, and assuring long-term market survival.
Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About SAP Business Suite
SAP Business Suite software enables enterprises to execute and optimize their business and IT strategies. SAP Business Suite gives organizations the unique ability to perform their essential industry-specific and business support processes with modular software that is designed to work with other SAP and non-SAP software. Organizations and departments in all industries can deploy SAP Business Suite software in a step-wise manner to address specific business challenges on their own timelines and without costly upgrades. SAP Business Suite provides better insight and visibility across organizations, improves operational efficiency and effectiveness, and increases the flexibility to address business change.
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 89,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com/.
Contact:
Ciara Jamie Connolly, Senior Events & Promotions Executive/ EMEA, Best Practices, Frost & Sullivan, ciara.connolly@frost.com | P: 0044 (0) 207.915.7868 | F: 0044 (0) 207.730.3343 | http://www.frost.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Frost & Sullivan
CONTACT: Ciara Jamie Connolly, Senior Events & Promotions Executive
Web Site: http://www.frost.com/
http://www.sap.com/
Savvis Previews Project Spirit - Next-Generation Cloud Infrastructure Platform Powering Virtual Private Data Centers for the Enterprise
SAN FRANCISCO, September 1 /PRNewswire/ --
- Runs on Cisco Nexus 5000, 7000 and Nexus 1000V Switches and VMware
vSphere(TM) 4 and VMware VMsafe API
VMworld -- Savvis, Inc. (http://www.savvis.net/en-US/Pages/Home.aspx )
(Nasdaq: SVVS), a global leader in outsourced Internet infrastructure
services for the enterprise, today previewed its next-generation cloud
compute platform. Dubbed Project Spirit, the platform will power the
industry's first enterprise-class Virtual Private Data Center (VPDC) with
multi-tiered Quality of Service (QoS) capabilities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO )
Cloud infrastructure is a style of application infrastructure in which
dynamically scalable resources are provided as a service. Users need not have
knowledge of, expertise in, or control over the technology infrastructure in
the "cloud" that supports them.
Project Spirit focuses on complete virtual data center provisioning that
extends far beyond the simple application deployment designs available in
many cloud service offerings today. Savvis expects to launch the beta version
of the new offering later this year and believes it will be the industry's
most feature-rich cloud delivery platform available for the enterprise.
Project Spirit will advance Savvis' current suite of dedicated and open cloud
solutions which are gaining traction worldwide.
"In terms of cloud services for the enterprise, we are moving from a
world of limited user controls, to a world of complete virtual data center
provisioning with advanced user design in the portal," said Bryan Doerr,
chief technology officer of Savvis. "Our next generation cloud services and
resulting virtual private data center will, for the first time, enable push
button web application hosting for the enterprise."
To get a first look at the Project Spirit user interface, please visit
http://8ballmediadesign.com/savvis/savvis_demo_web.html.
Key advancements in Savvis' Project Spirit will include:
- Increased automation - Project Spirit will enable the
transition from creating virtual machines to being able to create an
entire virtual data center at the push of a button.
- Lower cost and feature-rich - Cloud compute, storage, security
and network layers will be fully virtualized delivering more features
faster at significantly lower costs.
- Greater scale - Savvis' VPDC, powered by the new cloud compute
platform, will feature increased capacity to flex to higher levels more
rapidly than current offerings.
- Broader quality-of-service (QoS) - Savvis' new platform will
offer multiple grades of user selectable QoS levels via the Savvis
portal and enforced by next-generation QoS controls.
- Enhanced security - The new cloud platform will deliver
enterprise-grade cloud services that offer security practices previously
used only in dedicated IT environments such as firewalling, file
integrity monitoring and intrusion detection/prevention services.
Cisco and VMware Play Key Roles
In conjunction with today's news, Savvis also announced that the Cisco(R)
Nexus 5000 (http://www.cisco.com/en/US/products/ps9670/index.html) and 7000
Series switches will serve as the virtualized network backbone, and that
VMware vSphere(TM) (http://tiny.cc/9qwwR) 4 will serve as the virtualization
platform for VPDC's powered by Project Spirit. Using these technologies,
Savvis will be able to deliver services over a converged fabric data center
network and service provider-enabling virtualization platform.
The Cisco Nexus 1000V Switch with VN-Link technology
(http://www.cisco.com/en/US/solutions/collateral/ns340/ns517/ns224/ns892/ns894
/white_paper_c11-525307_ps9902_Products_White_Paper.html) provides a new
generation of virtualized data center networking, helping enable virtual
machines and network connectivity to be seamlessly linked and moved at the
touch of a button while the VMware VMsafe API, included in VMware vSphere 4,
and Savvis' integrated virtual firewall will deliver deeper security into the
virtualized environment. The VMware VMsafe API delivers fine-grained
visibility over virtual machine and cloud IT resources, making it possible to
monitor every aspect of the execution of the system and stop previously
undetectable viruses, rootkits and malware before they can infect a system.
"Savvis was an industry pioneer in virtualized utility services who has
now evolved into an industry leader in cloud services for the enterprise,"
said Prem Jain, senior vice president, Server Access and Virtualization
Group, Cisco. "Cisco is collaborating closely with Savvis on what we believe
will result in the industry's first truly enterprise-class virtual private
data center solution with multi-tiered QoS."
"As a leading cloud service provider focused on the enterprise, and a
founding member of the VMware vCloud initiative, Savvis clearly recognizes
the importance of carrier-grade security services," said Dr. Stephen Herrod,
chief technology officer and senior vice president of R&D, VMware. "We are
pleased that Savvis has chosen VMware vSphere(TM) 4 and the VMware VMsafe API
as key components in the next generation of their cloud service platform, and
we look forward to continuing our work with Savvis to further cloud adoption
in the enterprise."
Project Spirit takes its name from the famed aviator Charles Lindbergh's
flight "The Spirit of St. Louis," in honor of his supporters from St. Louis,
where Savvis is headquartered today. Just as Lindbergh broke new ground with
flight launching the commercial aviation industry, cloud computing has the
potential to transform the way IT services are purchased, deployed and
delivered to businesses and consumers globally.
Savvis operates 28 data centers (http://datacentergallery.savvis.net/)
globally encompassing more than 1.4 million square feet of raised floor space
designed to support enterprise IT operations. In addition, Savvis was
recently positioned as a leader in the Gartner Magic Quadrant for Web Hosting
and Cloud Infrastructure (on Demand), 2009, and can be accessed at
www.savvis.net/magicquadrantleader.
About Savvis
Savvis, Inc. (Nasdaq: SVVS) is a global leader in outsourced internet
infrastructure services for the enterprise. More than 4,000 customers,
including 40 percent of the top 100 companies in the Fortune 500, use Savvis
to reduce capital expense, improve service levels and harness the latest
advances in cloud computing. For more information about Savvis, visit
www.savvis.net.
Savvis Forward-Looking Statements
This document may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from Savvis' expectations. Certain factors that could
affect actual results are set forth as risk factors in Savvis' SEC reports
and filings, including its annual report on Form 10-K and all subsequent
filings as well as the risk that potential product cost and performance
benefits may not be realized for any particular customer. Savvis assumes no
obligation to update or supplement forward-looking statements.
Savvis, Inc.
Carter Cromley of Savvis, Inc., +1-703-667-6110, carter.cromley@savvis.net; or David Friedman of OgilvyPR Worldwide for Savvis, Inc., +1-303-634-2674, david.friedman@ogilvypr.com; Photo: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO
Savvis Previews Project Spirit - Next-Generation Cloud Infrastructure Platform Powering Virtual Private Data Centers for the EnterpriseRuns on Cisco Nexus 5000, 7000 and Nexus 1000V Switches and VMware vSphere(TM) 4 and VMware VMsafe API
SAN FRANCISCO, Sept. 1 /PRNewswire-FirstCall/ -- VMworld -- Savvis, Inc. , a global leader in outsourced Internet infrastructure services for the enterprise, today previewed its next-generation cloud compute platform. Dubbed Project Spirit, the platform will power the industry's first enterprise-class Virtual Private Data Center (VPDC) with multi-tiered Quality of Service (QoS) capabilities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO )
Cloud infrastructure is a style of application infrastructure in which dynamically scalable resources are provided as a service. Users need not have knowledge of, expertise in, or control over the technology infrastructure in the "cloud" that supports them.
Project Spirit focuses on complete virtual data center provisioning that extends far beyond the simple application deployment designs available in many cloud service offerings today. Savvis expects to launch the beta version of the new offering later this year and believes it will be the industry's most feature-rich cloud delivery platform available for the enterprise. Project Spirit will advance Savvis' current suite of dedicated and open cloud solutions which are gaining traction worldwide.
"In terms of cloud services for the enterprise, we are moving from a world of limited user controls, to a world of complete virtual data center provisioning with advanced user design in the portal," said Bryan Doerr, chief technology officer of Savvis. "Our next generation cloud services and resulting virtual private data center will, for the first time, enable push button web application hosting for the enterprise."
Click here to get a first look at the Project Spirit user interface (Project Spirit demo).
Key advancements in Savvis' Project Spirit will include:
-- Increased automation - Project Spirit will enable the transition from
creating virtual machines to being able to create an entire virtual
data center at the push of a button.
-- Lower cost and feature-rich - Cloud compute, storage, security and
network layers will be fully virtualized delivering more features
faster at significantly lower costs.
-- Greater scale - Savvis' VPDC, powered by the new cloud compute
platform, will feature increased capacity to flex to higher levels
more rapidly than current offerings.
-- Broader quality-of-service (QoS) - Savvis' new platform will offer
multiple grades of user selectable QoS levels via the Savvis portal
and enforced by next-generation QoS controls.
-- Enhanced security - The new cloud platform will deliver
enterprise-grade cloud services that offer security practices
previously used only in dedicated IT environments such as firewalling,
file integrity monitoring and intrusion detection/prevention services.
Cisco and VMware Play Key Roles
In conjunction with today's news, Savvis also announced that the Cisco Nexus 5000 and 7000 Series switches will serve as the virtualized network backbone, and that VMware vSphere(TM) 4 will serve as the virtualization platform for VPDC's powered by Project Spirit. Using these technologies, Savvis will be able to deliver services over a converged fabric data center network and service provider-enabling virtualization platform.
The Cisco Nexus 1000V Switch with VN-Link technology provides a new generation of virtualized data center networking, helping enable virtual machines and network connectivity to be seamlessly linked and moved at the touch of a button while the VMware VMsafe API, included in VMware vSphere 4, and Savvis' integrated virtual firewall will deliver deeper security into the virtualized environment. The VMware VMsafe API delivers fine-grained visibility over virtual machine and cloud IT resources, making it possible to monitor every aspect of the execution of the system and stop previously undetectable viruses, rootkits and malware before they can infect a system.
"Savvis was an industry pioneer in virtualized utility services who has now evolved into an industry leader in cloud services for the enterprise," said Prem Jain, senior vice president, Server Access and Virtualization Group, Cisco. "Cisco is collaborating closely with Savvis on what we believe will result in the industry's first truly enterprise-class virtual private data center solution with multi-tiered QoS."
"As a leading cloud service provider focused on the enterprise, and a founding member of the VMware vCloud initiative, Savvis clearly recognizes the importance of carrier-grade security services," said Dr. Stephen Herrod, chief technology officer and senior vice president of R&D, VMware. "We are pleased that Savvis has chosen VMware vSphere(TM) 4 and the VMware VMsafe API as key components in the next generation of their cloud service platform, and we look forward to continuing our work with Savvis to further cloud adoption in the enterprise."
Project Spirit takes its name from the famed aviator Charles Lindbergh's flight "The Spirit of St. Louis," in honor of his supporters from St. Louis, where Savvis is headquartered today. Just as Lindbergh broke new ground with flight launching the commercial aviation industry, cloud computing has the potential to transform the way IT services are purchased, deployed and delivered to businesses and consumers globally.
Savvis operates 28 data centers globally encompassing more than 1.4 million square feet of raised floor space designed to support enterprise IT operations. In addition, Savvis was recently positioned as a leader in the Gartner Magic Quadrant for Web Hosting and Cloud Infrastructure (on Demand), 2009, and can be accessed at http://www.savvis.net/magicquadrantleader.
About Savvis
Savvis, Inc. is a global leader in outsourced internet infrastructure services for the enterprise. More than 4,000 customers, including 40 percent of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information about Savvis, visit http://www.savvis.net/.
Savvis Forward-Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Savvis' expectations. Certain factors that could affect actual results are set forth as risk factors in Savvis' SEC reports and filings, including its annual report on Form 10-K and all subsequent filings as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. Savvis assumes no obligation to update or supplement forward-looking statements.
Photo: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Savvis, Inc.
CONTACT: Carter Cromley of Savvis, Inc., +1-703-667-6110,
carter.cromley@savvis.net; or David Friedman of OgilvyPR Worldwide for Savvis,
Inc., +1-303-634-2674, david.friedman@ogilvypr.com
Web Site: http://www.savvis.net/
BMMsoft Announces Product Interoperability With Netezza's Data Warehouse AppliancesTechnology Alliance positions BMMsoft and Netezza to deliver the industry's highest performing Analytic Archive
SAN FRANCISCO, Aug. 31 /PRNewswire/ -- BMMsoft Corporation, a leading provider of software to manage, access and analyze unstructured data, today announced it has certified its flagship product, EDMT Server, for use with Netezza's data warehouse appliances. The combination of the solutions deliver the industry's first very high performance and large scale Analytic Archive, enabling today's leading enterprises to manage, access and analyze all data within a single Netezza appliance. BMMsoft EDMT Server's support of Netezza's data warehouse appliances, including Netezza's recently announced TwinFin(TM) appliance, extends the value of Netezza from its strength in data warehousing to its application as a real-time archive solution for accessing and analyzing unstructured data content such as emails, documents and multimedia files.
"The volume of unstructured data in organizations is growing up to 15X the rate of growth for transactional data," says Matt Rollender, director of strategic and technology alliances at Netezza. "This tremendous growth in unstructured enterprise content brings both a challenge and opportunity. The challenge is storing and managing volumes of data in a way that makes the content easily accessible when it is needed; the opportunity is in bridging the gap between unstructured and transactional data and unifying access in a way that is meaningful and actionable for corporate decision makers."
How EDMT Server and Netezza's appliances work together to deliver enterprise value
BMMsoft EDMT Server aggregates and transforms all types of unstructured data into a format that can be stored and managed by Netezza data warehouse appliances. Using parallel ingest processes and proprietary indexing methods, EDMT Server automatically tags and creates metadata for the ingested content and stores this metadata within the Netezza data warehouse appliance. Once stored, the metadata and its related content are linked with associated transactional data held in the Netezza appliance. The resulting unified data can then be accessed, managed, interrogated and analyzed using a common user interface and business intelligence tools.
"We are very excited about our partnership with Netezza and believe we have exactly the right complement of functionality to deliver unprecedented value for our mutual customers," said Paul Krneta, President of BMMsoft. "Emails, documents, multimedia and web content contain as much business insight as can be discerned by analyzing transactional data. Unfortunately, because this content has historically been stored in static archival and document silos, the insights available from analyzing these emails and documents have gone untapped. Our technology partnership with Netezza creates a high performance and very cost efficient solution to accessing and analyzing enterprise emails and documents."
About BMMsoft
Headquartered in San Francisco, CA, BMMsoft is a leading provider of Real-Time Analytic Archive software that automates the storing, integration, management and analysis of all enterprise data. Its flagship product, EDMT Server, is in use by commercial and government organizations in the United States, Europe and Asia to store, access and analyze very high volumes of both unstructured and structured data from within a single relational database for Litigation eDiscovery, Customer Analysis, Fraud Detection, Security Threat Analysis, Compliance, etc. EDMT Server delivers up to 1000X the performance at 1/10th the cost of alternative solutions. For more information, visit http://www.bmmsoft.com/.
About Netezza
Netezza Corporation is the global leader in data warehouse and analytic appliances that dramatically simplify high-performance analytics across an extended enterprise. Netezza's technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today's data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. Netezza is headquartered in Marlborough, Massachusetts and has offices in Northern Virginia, Canada, the United Kingdom, Germany, France, Japan, Korea, Australia and Singapore. For more information about Netezza, please visit http://www.netezza.com/.
Contacts
Paul Krneta, President, BMMsoft - paulk@bmmsoft.com - 415-420-4275
Glen Zimmerman, Netezza Corp. - gzimmerman@netezza.com
Netezza and TwinFin(TM) are either registered trademarks or trademarks of Netezza Corporation.
BMMsoft Corporation
CONTACT: Paul Krneta, President of BMMsoft; +1-415-420-4275,
paulk@bmmsoft.com; or Glen Zimmerman of Netezza Corp., gzimmerman@netezza.com
Web Site: http://www.bmmsoft.com/
http://www.netezza.com/
The First American Corporation Celebrates 120-Year Anniversary as it Prepares for Split Into Two Publicly Traded Companies- Separation of Financial Services Companies from Information Solutions Companies Will Enable Both to Grow and Prosper -
SANTA ANA, Calif., Aug. 31 /PRNewswire-FirstCall/ -- The First American Corporation , America's largest provider of business information, announced today a year-long celebration to mark its 120th year of service to the real estate and mortgage industries. The company also reaffirmed its plan to separate its Information Solutions and Financial Services businesses, creating two new publicly traded companies, as soon as the first half of 2010.
From its roots as an Orange County, Calif., abstract company, First American has grown to become an industry leader, delivering a vast array of products and services used in real estate transactions, risk management, insurance and consumer marketing. Today, 90 percent of all real estate transactions in the United States involve at least one First American product or service.
The company's primary businesses include one of the nation's largest title insurance companies, a trust company, tax services, home warranty and flood certification businesses and the nation's most robust data and analytics provider to the mortgage industry and the investment community. The company first went public, trading on the over-the-counter market, in 1964 and began offering its stock on the New York Stock Exchange in 1993. Since 1993, its stock has delivered more than a 640 percent* return to shareholders and has out-performed the Dow Jones Industrial Average (a 282 percent gain) as well as many other large companies.
First American has announced that it will separate its Information Solutions companies--consisting primarily of its Information and Outsourcing Solutions, Data and Analytics Solutions, and Risk Mitigation and Business Solutions segments--and its Financial Services companies--comprised of its title insurance, specialty insurance and trust operations--to maximize the unrealized value of the company's information businesses, while strengthening the competitive positions of both companies. The move is expected to occur within the first half of 2010. In the first half of 2009, the Financial Services and Information Solutions Groups reported revenues of $ 1.86 billion and $1.11 billion, respectively.
Parker S. Kennedy, First American's chairman, chief executive officer and the great grandson of the company's founder, C.E. Parker, said: "Our success and ability to thrive despite challenging market conditions is a result of our talented and dedicated people. Our commitment to delivering exceptional customer service, innovation and process improvement have set the pace for our industry. We are proud to reach this significant milestone as we position our company to be agile and responsive to market needs, while remaining true to the founding principles that continue to drive our business forward. Our decision to separate our two main businesses is an example of the kind of forward-looking decisions that have guided our company through 23 economic downturns over the past 120 years, and enabled us to produce consistent returns for investors and top-tier products and services for our customers."
Today, First American maintains a global presence with operations in more than 90 countries and its title insurance, flood certification, tax services and data and analytics companies are among the largest in the nation.
"The title and financial services businesses are the heritage of our company and the platform from which it grew," said Dennis J. Gilmore, chief executive officer of First American's Financial Services Company. "The coming separation will allow us to build upon the strong foundation we've already laid and uniquely position us to realize the abundant opportunities that lie ahead."
Frank V. McMahon, chief executive officer of First American's Information Solutions Company added: "Since 1986, First American has made more than 150 acquisitions, many of which were information, data and outsourcing companies. As a stand-alone business, the Information Solutions Company will be able to further integrate these operations to develop the next generation of solutions for our clients. The new products and solutions that we are developing are leveraging our unmatched data assets and our enhanced analytical capabilities."
First American's leadership and drive for innovation continue to set the pace for the real estate and mortgage industries. Notable contributions and achievements by First American include:
-- Launching the industry's first high-speed automated title search
platform (FAST Search), significantly reducing the time and cost
associated with title searches
-- Introducing the enhanced protections of its Eagle Policy of title
insurance, which was adopted as the industry standard by the American
Land Title Association
-- Responding to the needs of consumers in times of natural disasters,
such as Hurricane Katrina and the California wildfires, by providing
free replacement documents and discounted title services to affected
homeowners
-- Streamlining accessibility to public records through its property
information businesses
-- Building the industry's most technologically advanced property data
repository, with over 500 terabytes of data, that covers 97 percent of
all U.S. properties (140 million), more than 50 million active
mortgages, and 96 percent of loan-level, non-agency mortgage
securities
-- Providing advanced data and analytics to enhance decision making
within the mortgage industry and investment community: reducing risk
and supporting mortgage originations.
About First American
The First American Corporation is a FORTUNE 500 company that traces its history to 1889. With total revenues of approximately $6.2 billion in 2008, it is America's largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at http://www.firstam.com/.
*Based on the January 1, 1993, stock price
Forward-Looking Statements
Certain statements made in this press release, including but not limited to those related to the consummation and timing of the split of the company's Financial Services and Information Solutions businesses, are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may contain the words "believe," "anticipate," "expect," "plan," "predict," "estimate," "project," "will be," "will continue," "will likely result," or other similar words and phrases. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include: interest rate fluctuations; changes in the performance of the real estate markets; limitations on access to public records and other data; general volatility in the capital markets; changes in applicable government regulations; heightened scrutiny by legislators and regulators of the company's Title Insurance and Services segment and certain other of the company's businesses; the inability to consummate the spin-off transaction or to consummate it in the form originally proposed as a result of, among other factors, the inability to obtain necessary regulatory approvals, the failure to obtain the final approval of the company's board of directors, the inability to obtain third party consents or undesirable concessions or accommodations required to be made to obtain such consents, the landscape of the real estate and mortgage credit markets, market conditions, the inability to transfer assets into the entity being spun-off or unfavorable reactions from customers, ratings agencies, investors or other interested persons; the inability to realize the benefits of the proposed spin-off transaction as a result of the factors described immediately above, as well as, among other factors, increased borrowing costs, competition between the resulting companies, unfavorable reactions from employees, the inability of the financial services company to pay the anticipated level of dividends, the triggering of rights and obligations by the transaction or any litigation arising out of or related to the separation; consolidation among the company's significant customers and competitors; changes in the company's ability to integrate businesses which it acquires; unfavorable economic conditions; impairments in the company's goodwill or other intangible assets; losses in the company's investment portfolio; expenses of and funding obligations to the company's pension plan; weakness in the commercial real estate market and increases in the amount or severity of commercial real estate transaction claims; and other factors described in Part I, Item 1A of the company's annual report on Form 10-K for the year ended December 31, 2008, as updated in Part II, Item 1A of the company's quarterly reports on Form 10-Q for the quarters ended March 31 and June 30, 2009, in each case as filed with the Securities and Exchange Commission. The forward-looking statements speak only as of the date they are made. The company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Media Contact:
Carrie Gaska
Corporate Communications
The First American Corporation
(714) 250-3298 cgaska@firstam.com
Investor Contact:
Mark Seaton
Investor Relations
The First American Corporation
(714) 250-4264 mseaton@firstam.com
The First American Corporation
CONTACT: Media, Carrie Gaska, Corporate Communications, +1-714-250-3298,
cgaska@firstam.com, or Investors, Mark Seaton, Investor Relations,
+1-714-250-4264, mseaton@firstam.com, both of The First American Corporation
Web Site: http://www.firstam.com/
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